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Experts say young people buy funds as milk tea. Any advice for young people who buy funds?
In my opinion, young people should keep these three suggestions in mind when buying funds. First, they should pay attention to controlling their positions. Second, they should not follow suit. Third, they should not borrow money to buy funds.

First, we should pay attention to controlling positions.

Many young people will invest all their money when buying funds, but in fact, this method of buying funds is wrong. This is because funds are also a risky investment method, so young people must pay attention to controlling their positions when buying funds, and it is best to set aside about 60% of the activity funds for themselves to ensure that they can make up their positions or reduce their holdings even according to the fund market. In addition, young people should learn to share risks when buying funds, such as dividing the money into several parts and buying multiple funds respectively.

Second, don't follow the trend.

Some young people are excited to see their friends buy funds to make money, and they will follow suit to buy funds without knowing anything. You know, this kind of behavior will bring great risks to young people, especially when young people don't know much about stocks and funds, and following the trend often leads to the waste of young people's investment. Therefore, in this respect, young people must enter the market to buy funds when they are prepared, and it is not advisable to follow the trend blindly.

Third, don't borrow money to buy funds.

Some young people may not have enough funds, but they want to buy funds, so they will have the idea of borrowing money to buy funds. However, we must understand that borrowing money to buy funds is a very bad behavior. This is because the money of investment funds is real money, so most young people are easily affected by market fluctuations, which will lead to the psychology of being swayed by considerations of gain and loss, and even have a certain degree of negative impact on work and life. Most importantly, if the fund collapses, it will directly lead to the waste of money invested by young people, so borrowing money to buy the fund is likely to make young people bear heavier debts, which is not good for their future.

To sum up, young people should pay attention to controlling their positions when buying funds, don't follow suit and never borrow money to buy funds.